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$430,000

Beds
2
Baths
1.5
sq ft
1,198

65 Monroe Center St NW Unit 400, Grand Rapids, MI 49503

65 Monroe Center St NW Unit 400

Grand Rapids, MI 49503

  • 160 days on market
    • Price drop $14,900↓
Step inside this unique and eccentric condominium in the heart of downtown Grand Rapids, with a one-year night / weekend parking pass provided directly across from the unit! This stylish, yet rare unit features historical architectural attributes that include exposed brick throughout and sizable arched windows for prominent daylight. In addition, you will find an open concept floor plan between the kitchen, dining, and living area with an accent wall composed of century old barn wood from Grand Haven. A spiral staircase leads to a full bathroom, the two bedrooms, a private balcony, and another living space to complete the nearly 1,200 square feet throughout. Notable mentions include main floor in-unit laundry near the half bathroom, bamboo flooring, granite countertops, and mechanicalupdates to ensure worry-free ownership. Here is your opportunity to experience the urban lifestyle of Grand Rapids with all of the amenities and conveniences that this growing city has to offer!

Details

Property type

Condominium

Est. home value

$459,326

Lot size

Unknown

Price per sq ft

$359

Year built

1927

Annual property taxes

$5,576.3

Monthly HOA fee

$350

Price History

06/06/2024
Realcomp

Realcomp #65024004438

Price change
$430,000
-3.35%
04/08/2024
Realcomp

Realcomp #65024004438

Price change
$444,900
-1.11%
02/15/2024
Realcomp

Realcomp #65024004438

Price change
$449,900
-2.17%

Schools & Community

Neighborhood: 

Heartside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Grand Rapids

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$46,726
Asking price
$430,000
Closing costs (~8% of asking)
-$34,400
Est. remaining loan balance
-$348,874
Cash to seller
$46,726

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Ark-La-Tex Financial Services Llc

Loan start date

November 2021

Original loan amount

$370,500

Est. remaining balance

$348,874

Interest rate

2.86%

Loan type

New Conventional, 30 year

Seller

James J Sandford and Nina Sandford

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 07/02/2024 at 6:50 PM

Listing updated: 06/20/2024 at 3:50 PM

Listed by: Jessica M Smith, Mitten Real Estate Phone #: (616) 920-0078

MLS: Realcomp #65024004438

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